Solidus Communications, Inc.
SLDCOTCCommunication Services · Telephone Communications (No Radiotelephone) · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | $146,731 | $173,560 | — | — | — | — |
| Operating income | −$212,903 | −$657,927 | −$362,654 | −$404,717 | −$366,566 | −$2.1M |
| Net income | $644,287 | −$1.2M | −$225,210 | −$2.6M | −$1.1M | −$5.2M |
| Total assets | $41,602 | $32,101 | $2 | $2 | $3,970 | $4,316 |
| Total liabilities | $5.4M | $6.2M | — | — | — | — |
| Equity | −$5.3M | −$6.2M | −$5.0M | −$4.7M | −$2.2M | −$1.5M |
| EPS (diluted) | $0.00 | $-0.02 | — | — | — | — |
| Shares out. | 214.6M | 115.1M | 25.1M | 15.9M | 13.2M | 196.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2016- Operating margin
- −145.1%
- Net margin
- 439.1%
- Return on equity
- −12.1%
- Return on assets
- 1548.7%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 12936.6%
- Debt / equity
- —
- Book value / share
- $-0.02
- Revenue growth (YoY)
- −15.5%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2016- Altman Z″ (distress)
- -1358.96distress
- Accruals / assets
- 2193.3%high accruals
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 5 warning● 0 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- High accruals — earnings-quality risk
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Oct 16, 2015
- NT 10-Kmissed a reporting deadline ↗Mar 2, 2015
- NT 10-Kmissed a reporting deadline ↗Mar 1, 2013
- NT 10-Qmissed a reporting deadline ↗Oct 15, 2012
- NT 10-Qmissed a reporting deadline ↗Apr 16, 2012
- NT 10-Kmissed a reporting deadline ↗Feb 29, 2012
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Jmz Alliance Group, Inc.10% owner | Oct 23, 2017 | I | 5.2M | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 10,132 | 1.0 | +21.9% |
| Apr 30, 2026 | 8,310 | 1.0 | +49.0% |
| Apr 15, 2026 | 5,577 | 1.0 | +26.9% |
| Mar 31, 2026 | 4,394 | 1.0 | +243.0% |
| Mar 13, 2026 | 1,281 | 1.0 | -98.8% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Changed auditor · Other material eventSep 23, 2022
- Director / officer change · Amended charter or bylaws · Other material eventFeb 21, 2017
- Amended charter or bylawsMar 16, 2016
- Amended charter or bylawsMar 15, 2016
- Prior financials not reliable (restatement)Dec 7, 2015
- Modified shareholder rightsNov 16, 2015
- Other material eventAug 17, 2015
- Director / officer changeJul 2, 2015
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- QUALIFSep 30, 2025
- 1-ASep 9, 2025
- QUALIFFeb 14, 2023
- CORRESPFeb 10, 2023
- 1-A/AJan 27, 2023
- UPLOADJan 24, 2023
- 10-QQUARTERLY REPORTJan 23, 2023
- 1-A/AJan 9, 2023
- UPLOADDec 20, 2022
- 10-K/AAMENDMENT NO. 1 TO ANNUAL REPORTNov 25, 2022
- 1-A/ANov 25, 2022
- 10-KANNUAL REPORTNov 3, 2022
- 8-KCURRENT REPORTSep 23, 2022
- UPLOADMar 1, 2022
- CORRESPFeb 28, 2022
Event-driven situations (1)
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